Author: Lou Diamond

Disadvantages of ESOPs

I am frequently asked – “there must be a downside” or “what are the negatives?” They exist, but are usually more than outweighed by benefits. The following come to mind. Repurchase Obligation Remember that somewhere down the line when ESOP more »

What is an ESOP?

An ESOP is a form of qualified deferred compensation plan that blends retirement planning with employee ownership. Actually, however, the word “ownership” is a bit of a misnomer. Stock “ownership” is relegated to a trust controlled by a trustee, who more »